Overview
What is Visual Arts Center Endowment Trust Inc?
Visual Arts Center Endowment Trust Inc is a not-for-profit organization located at 210 Maude St, Punta Gorda, FL 33950. The primary purpose of this trust is to receive charitable bequests and devices as assets, manage them, and distribute the proceeds to support the Charlotte County Art Guild. The goal is to establish a perpetual asset base, the income from which will be utilized to advance and foster appreciation for visual arts in Charlotte County, Florida. The trust is organized under the Florida Not-for-Profit Corporation Act and falls under Section 501(c)(3) of the Internal Revenue Code, enabling it to carry out charitable, educational, historical, and cultural purposes.
Is Visual Arts Center Endowment Trust Inc legitimate?
Visual Arts Center Endowment Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Visual Arts Center Endowment Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Visual Arts Center Endowment Trust Inc?
The Visual Arts Center Endowment Trust Inc is a not-for-profit organization with a mission to support the advancement and appreciation of visual arts. It achieves this by managing charitable bequests and devices, using the proceeds to fund the Charlotte County Art Guild. The goal is to establish a perpetual asset base, with the income being utilized to further the goals of the Art Guild and carry out lawful purposes that do not yield profit. The Trust operates under the Florida Not-for-Profit Corporation Act and falls under Section 501(C)(3) of the Internal Revenue Code, enabling it to support charitable, educational, historical, and cultural purposes.
Who is the CEO of Visual Arts Center Endowment Trust Inc?
Alexia Martin is the President of Visual Arts Center Endowment Trust Inc.
What is the revenue of Visual Arts Center Endowment Trust Inc?
Visual Arts Center Endowment Trust Inc's revenue in 2023 was -$123,203.
Who are the executives of Visual Arts Center Endowment Trust Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Visual Arts Center Endowment Trust Inc?
Visual Arts Center Endowment Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Visual Arts Center Endowment Trust Inc
The Visual Arts Center Endowment Trust, Inc. is a not-for-profit organization established with the mission to receive charitable bequests and devices as assets. Its primary goal is to manage these assets and distribute the proceeds from their management to the Charlotte County Art Guild. This support is instrumental in promoting the advancement and appreciation of visual arts in Charlotte County, Florida. The trust aims to establish a perpetual asset base, with the income derived from this base being utilized to further the goals of the art guild and carry out any lawful purposes that may be undertaken by a not-for-profit corporation, as long as they are not for pecuniary profit. The Visual Arts Center Endowment Trust, Inc. falls under section 501(c)(3) of the Internal Revenue Code of 1986, and its activities encompass charitable, educational, historical, and cultural purposes.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Visual Arts Center Endowment Trust Inc significantly impacts the cultural landscape of Charlotte County, Florida, by fostering the advancement and appreciation of visual arts in the community. By managing charitable bequests and assets, the trust creates a perpetual funding source that directly supports the Charlotte County Art Guild. This financial backing enables the guild to implement educational programs, host exhibitions, and promote local artists, thereby enriching the community's artistic vibrancy.
Through its efforts, the trust not only preserves the artistic heritage of the region but also encourages creative expression among residents and visitors alike. The initiatives funded by the trust contribute to a thriving arts scene in Charlotte County, enhancing quality of life and cultural identity. By prioritizing charitable, educational, historical, and cultural purposes, the Visual Arts Center Endowment Trust Inc plays a pivotal role in shaping a robust arts environment that inspires future generations.
This information is meant to be a general summary of Visual Arts Center Endowment Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$123,203
- Gross Receipts: $46,585
Assets and Liabilities:
- Total Assets: $1,037,167
- Total Liabilities: $0
- Net Assets: $1,037,167
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(941) 639-0888Principal Officer
Alexia Martin
Main Address
210 MAUDE ST, PUNTA GORDA, FL, 33950
NTEE Category
Code: A112 - Arts
If you are a representative of Visual Arts Center Endowment Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.